![Emergency liquidity assistance in Cyprus: 10.2bn euros](http://boilingfrogs.stanislasjourdan.fr/files/2013/04/cyprus_ela-150x150.png)
Since many of my readers from Cyprus seem curious about the so called “emergency liquidity assistance” (ELA) that have kept the banking system afloat for the last 18 months, I have updated my chart according the latest information released by the Central Bank of Cyprus. Here it is (ELA in red): At end-february, the level […]